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Hawaii Multi-Family homes for sale

71 multi-family home for sale

$1.95m
Kalihi-lower
1221 Gulick Ave, Honolulu
Multi-Family Home
$1,950,000
Exceptional Investment opportunity! Discover the potential of this expansive and level 18,000+ square foot lot, zoned R-3.5, located in the Kalihi neighborhood. This property offers a myriad of possibilities: renovate the existing dwellings to continue generating income, add additional units, or build brand new structures. The zoning and lot size allow for the potential development of up to 5 new dwellings (buyers to conduct their own due diligence and verification). Currently, the property features three existing homes: a spacious 3-bedroom, 1-bath unit, and two 2-bedroom, 1-bath units. Please respect the privacy of the tenants and refrain from walking on the property without a confirmed appointment. Tax office records do not match actual square footage and bed/bathroom count.
$8.35m
Punchbowl-lower
1463 Lusitana St, Honolulu
Multi-Family Home
$8,350,000
20-unit fully renovated CMU apartment building in the heart of Honolulu with 20 covered parking stalls! Property is 100% leased and provides excellent, stable cash flow with income/expenses stated being based on in-place leases and budgeted expenses for the year. Property underwent a full renovation in 2021-2022 which included roof re-coating, new fences/security gates as well as a roll-down parking gate. Interior luxury finishes were completed in each unit with new paint, flooring, cabinets, counters, light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, stabilized apartment building in town!
Multi-Family Home
$1,998,000
Centrally located multi-family property of over 7,500 square feet with a total of 3 buildings consisting of two 1-bedrooms and three 2-bedrooms with 5 parking stalls. Potential for redevelopment or as a cash flow investment. Minutes to downtown Honolulu, surrounding hospitals, and Kakaako shops and restaurants.
$1.28m  $182,500
Nuuanu-lower
205 N Kuakini Street, Honolulu
Multi-Family Home
$1,277,500  $182,500
Two-story hollow tile building with 5 one-bedroom units and 8 parking spaces (4 tandem) situated in a highly desirable neighborhood one block from Kuakini Hospital. Rents are below market, and all tenants have 110v outlets for their own laundry. Installing coin laundry and increasing rents will increase income for this well-maintained building. Situated above the street level of North Kuakini, this property has excellent curb appeal and access off the main road. All units are separately metered for electricity, and one master meter for CAM electric. Appraised in October 2023 for $1,460,000.
$4,040,000
Prime location on Kapiolani Blvd. Currently rent as 6 separated units. Rents are below current market rent. This sales including TMK 123-034-019-0001, 123-034-018-0002, 123-034-019-0003. Three detached CPR houses (Condominium Property Regime). Front & middle houses have Five bedroom/3baths(3/2 up 2/1 down) and the back house has three bedroom three bath(2/1 up 1/1 down), built in 2015 with stucco exteriors and garages. Each home features a spacious interior with a separated entrance. Walking distance to the world-famous Ala Moana Shopping Center, Beach Park, and yacht club. Near by Keeaumoku with all the eatery & Don Quijote supermarket. Conveniently close to Waikiki, with easy access to restaurants, bus stops, and the convention center, These properties can be sold individually or as a package. All interior photos were taken before tenants moved in.
$1.5m  $100,000
Puunui
2567 Liliha Street, Honolulu
Multi-Family Home
$1,500,000  $100,000
Located near the top of Liliha Street, this R-5 zoned property sits on a large 9,215 square foot lot! 2567 Liliha Street includes three (3) two-bedroom/1 bath cottages with some valley views. Each well-maintained cottage has its own water, electric and gas meters. Each unit has it's own washer and dryer! This lot has a covered carport and sits directly across from Pu'unui Community Park. Currently fully occupied with some below market rents. Income and expenses are pro-forma. Please call Listor for additional details and with any questions. Exterior showings are by appointment only. Interior inspections subject to accepted offer. DO NOT DISTURB TENANTS. Please use the Commerical PSA when submitting an offer.
$2.99m  $162,000
Moiliili
2014 Fern Street, Honolulu
Multi-Family Home
$2,988,000  $162,000
Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.
Multi-Family Home
$1,700,000
This 2-story apartment building in cul-de-sac offers six 2-bedroom, 1-bathroom units with three on the lower level and three on the second level. Building contains a total interior square footage of 3,400 + square feet and is situated on a level 8,000 square foot lot. Exterior construction is hollow tile construction on ground floor with single wall/wood frame construction on upper level. 4 uncovered parking stalls are also available. Electricity is separately metered. Property is approximately a tenth of a mile from the Waimalu Shopping Center and approximately a quarter mile away from the Kalauao Pearlridge Station. Property to be sold in "AS IS" condition. Photos of the interior of two of the apartments were taken before the tenants took occupancy.
$1.2m
Wahiawa Area
309 Olive Ave, Wahiawa
Multi-Family Home
$1,200,000
Don't miss out on this rare opportunity to own a versatile property in Wahiawa. THREE SEPARATE UNITS. Live in one and rent out the two others, or keep them all rented out and collect immediate income. Ideal for investors, it currently brings in $5,756 a month in rental income. Zoned A-2 and sits on a spacious 7,059 square foot lot. It includes two detached single-family homes, each with its own electric meter (three in total) and two water meters. The homes were remodeled in 2002 with updated plumbing, electrical, and new footings. Conveniently located near Schofield and Wheeler military bases, and just a short drive to North Shore's town and beaches, this property offers both immediate income and future potential.
$1.3m  $100,000
Makaha
84-956 Hanalei Street, Waianae
Multi-Family Home
$1,295,000  $100,000
***Price Improvement*** Great Investment Opportunity! Perfect as a family compound or investment property. This property consists of 3 - 3 bedroom homes (1 duplex and 2 single family) and 1- 2 bedroom home (attached). One of the 3 bedroom homes has been recently renovated with vinyl flooring and both bathroom and kitchen cabinets. Just a short drive from famous beaches, shopping malls and grocery stores. Units A & B pay electrical and units C & D have all utlities included. The listed income is proforma and the expenses are the actual for year 2023. Actual square footage does not match tax records. Buyer to do their own due dillegence.
Multi-Family Home
$2,200,000
Are you a first time investor looking for a promising income generating property? Look no further! This exceptional 11-unit apartment building in the highly sought after Wilikina area offers everything you need for a successful investment. 11 units that are all 1 bedroom configurations and with 11 parking stalls! New roof and exterior painting done in 2023 that help enhance the property's curb appeal and durability. The building has a coin operated community laundry area on the ground floor to add additional income every month. Property is in close proximity to schools, shops, restaurants, convenience stores, and easy access to highway. Schedule your viewing today to start your investment portfolio or to add to your existing portfolio! 3 units are vacant for showing. Income and expense are based on 8 rented units only.
$1.98m  $120,000
Kapalama
844 N King Street, Honolulu
Multi-Family Home
$1,980,000  $120,000
Rarely available retail and multi-family corner property in Kalihi. 3 (three) commercial retail space with frontage, great visibility, and individual restrooms. Apartment building in the back with 5(five) 2 bedroom, 1 bath units and 1 (one) 4 bedroom, 2 bath unit. BMX-3 zoning allows for multiple uses. Property allows for 2 car parking with ample street parking. Near Palama supermarket, Costco, walking distance to Tamashiro Market and King's Gate Plaza. Great for Investors or owner users.
$1.9m  $200,000
Punchbowl Area
322 Auwaiolimu Street, Honolulu
Multi-Family Home
$1,900,000  $200,000
Property like this rarely comes on the market, with over 20,000 sqft of usable land zoned R-5 in the center of Honolulu! This gently-downsloped, nicely-shaped parcel has plenty of parking and is convenient to transportation. From its sweeping lawns, the mountain and valley views are spectacular. The owners have a topo map plus schematic designs for development of five homes, with sewer connections approved at that time, subject to re-applying--or buyers may build their own dreams! The two houses on the property have some solid qualities and are occupied by tenants, but the property is being sold well below the Assessed Value of even just the land. Don’t miss this amazing opportunity! Also listed on MLS under Single-Family MLS #202417895.
$4.2m
Dillingham
954 Akepo Ln, Honolulu
Multi-Family Home
$4,200,000
Fee simple, 3 story walk up, hollow title apartment with 15 one bedroom units and 16 parking stalls. Located on a quiet street, yet very convenient. close to Costco, Home Depot. Convenience is the name of the game. Each unit has own electric meter and washer and dryer at the lanai. Each unit is approximately 420.75 sqft and lanai is 68 sqft. All units are identical, Property sold AS IS condition. Financial information is subject to change.
$2.5m  $185,000
Kapahulu
708E Olokele Ave, Honolulu
Multi-Family Home
$2,500,000  $185,000
Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, a secure vinyl fence, two coin-operated washers/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminix contract ensure safety and peace of mind. This property offers a blend of comfort, convenience, and long-term value.
$2.9m
Punchbowl Area
962 Spencer St, HONOLULU
Multi-Family Home
Multi-Family Home
$2,399,888
A rare opportunity to own a multi-family home just minutes from UH. Built in 2010, this is a 16 bedroom 8.5 bath home with a stucco finish exterior and monier tiled roof. The interior features white ceramic tile throughout. Main kitchen has upgraded appliances, granite counter tops and a split AC. There's a 361 SF covered deck to relax in with additional lanais off the 2nd floor bedrooms. There is a wet bar, family and study rooms on the 1st floor and a ply room on the 2nd floor. The property is enclosed with tile walls, fencing and rolling driveway gate/fence. The property has 3 covered parking and additional open parking with street parking. The legal description may not match tax office records and all improvements to be sold in its "AS IS" Condition.
$2.55m  $50,000
Kapalama
219 Kalihi Street, Honolulu
Multi-Family Home
$2,550,000  $50,000
Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1,200 - $1,600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3,000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 : office/commercial gentrification, presenting a unique opportunity for future development This is not just an investment; it's a doorway to unlocking the full potential of these strategically positioned properties. Act now and seize the opportunity to diversify your portfolio with this unicorn investment. Contact us today to schedule a viewing and explore the untapped possibilities that await!
Virtual Tour
Multi-Family Home
$1,599,000
This is a 3-unit, fully occupied, income-producing property. Although the zoning is single-family residential, the 2-unit duplex is "grandfathered" in, having been installed prior to the current zoning.
$1.65m  $100,000
Moiliili
1703 S Beretania Street, Honolulu
Multi-Family Home
$1,649,000  $100,000
Price reduced by $100,000! Conveniently located on S. Beretania Street between Punahou and McCully, directly across from Central Union Church. This multi-family property offers a great return on investment. It features 9 rental units spread across two separate structures. The front building is a single-family home with 3 bedrooms, 1 bathroom, and a dedicated 1 vehicle carport. Additionally, there are 2 rooms at the back of the property (one currently rented) with separate shower and toilet facilities around the corner of the building. The back structure is an apartment building with 6 studio units, four of which have been renovated. Electricity and part of the gas service are individually metered, while the property has a single water meter and shared gas supply for water heaters. The front house has washer and dryer hookups, and the back apartment building has a washer hookup. A clothes line is provided for the tenants use. This property offers easy access to UH, Waikiki, Downtown, and numerous stores and eateries in the area. All units are currently rented so advanced notice for showings is required.
Multi-Family Home
$1,790,000
Prime location, Perfect little building with lots to love! EZ access from Pali Hwy. Hollow tile two-story building with 7 units: 6 one-bed, 1 three-bed, 6 parking. Nice & spacious units. Opportunity to value-add and increase rents to market rates for this desirable neighborhood with proximity to downtown, freeway in all directions, located just off the Pali exit before the Pacific Heights cutoff. Some tenants have their own washer/driers, no common laundry, one water meter, separately metered for electricity (*no master meter = no electric bill). City and County handles trash. Newly re-paved parking area.
Multi-Family Home
$1,758,888
2 story hollow tile apartment building with four 2-bedroom units. 6 parking (1 tandem and 4 single parking). Excellent tenants. Convenient Makiki location near Makiki Central Park, Schools (Punahou, Maryknoll etc.) and Kapiolani Children's hospital. Property is in good condition. Sold "As Is" No repairs or credit for repairs. Seller don't want tenants to worry about selling, please don't make noise or disturb the tenants when viewing from outside.
$1.8m  $300,000
Waipahu-lower
94-119 Pupupuhi Street, Waipahu
Multi-Family Home
$1,800,000  $300,000
Sale includes TMK's 1-9-4-039-102-001,0002.0003,0004,0005,0006,0007 a total of 7 2- bedroom, 1 bath units' under CPR, washer/dryer hook-up available, community laundry, 1 parking each unit, secured building, close to bus stop, shopping center, restaurants, rail station etc. Potential owners can sell each unit separately. To be sold "As Is"condition.
Multi-Family Home
$2,850,000
Rarely available multiple dwelling property located in desirable Keeaumoku St. Units are separated as follows: one 3-bedroom with 2 bathrooms, four 1-bedrooms with 1 bathroom each, and 7 bedrooms that share 2 bathrooms without a kitchen. In total 8 bathrooms and 7 parking spots. Currently occupied by multiple tenants that come out to a monthly gross income of $10,245. Annual yearly gross income comes out to around $113,000. The 3-bedroom has a washer/dryer in dwelling. There are 2 coin-operated washers shared by tenants outside. The property was originally built in 1918 but was completely remodeled in 1948 and the second floor was added then. During ownership the current owner repainted, made many repairs, and replaced the roof about 4 years ago. Good investment opportunity and a chance to own land in a residential Makiki neighborhood. To be sold as is.
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